Risk is inherent in the delivery of financial services. It is therefore important for financial institutions to implement a systematic risk management approach.
The objective of this course is to deepen your understanding of modern risk analysis including credit, market, liquidity and operational risk and to implement this understanding in your institution. The course teaches global concepts applied to the special conditions of developing and emerging markets.
This course is also available in French.
We offer
Tuition fees*
E-Learning
Regular Tuition Fee: EUR 1,900
Early Bird Fee: EUR 1,600 (by July 15)
Payment Options
Payment in instalments is unfortunately not possible.
*Subject to change
Target Audience
This course should be of interest to financial professionals in retail and small business banks, leasing firms, consumer credit companies and microfinance institutions.
Managers and analysts at wholesale lenders and investment vehicles with exposure to the retail finance and microfinance sectors will also get excellent value from this Certificate.
Many participants will currently be employed or interested in taking up a position as accountant, treasury manager, chief risk officer, risk analyst, credit manager, internal auditor or collections manager etc.
Workload & Prerequisites
The course takes 6 months assuming 6-9 hours of self-study per week. It consists of 10 units which build upon each other. You will take the units in sequence and will need to pass an online multiple choice test before accessing the next unit.
The CERM course includes 3 mandatory assignments, which have to be submitted on a specific date.
You are not sure if you will manage to complete the course within 6 months? No worries! You can apply for a course extension (6 more months) for a small administrative fee.
In Risk Management, all roads lead to data. We try to keep the mathematics to a minimum, but a keen analytical perspective and some data management skills are required to succeed in the course. We use Excel and some common statistical plug-ins for all of the financial calculations, analytical models and data management exercises. There are many other powerful solutions for particular applications, but we settle for what everyone is familiar with and has already installed on their laptop. We don’t expect programming experience. But you should enjoy trying to figure something out on your own and be willing to learn a few new tricks using look-up formulas, pivot tables, If-statements, regression analysis and the like. The good news is that all these functionalities are exceptionally well-documented, beaten paths in data science. You will have no trouble finding a you-tube video for everything.
Dates
| Course Start | Course End | Registration | Early Bird |
| Sept. 1 | Feb. 29 | Jun. 1 - Sept. 1 | by Jul. 15 |
| Mar. 1 | Aug. 31 | Dec. 1 - Mar. 1 | by Jan. 15 |
Registrations for the September intake will open on 1st June. Get notified by registering for our newsletter.
The flexibility of our courses offers you the opportunity to follow your own schedule and to combine daily work with professional development.
The high quality offered will immediately improve your daily job performance as well as the performance of your institution.
Training Material
Video Lectures
Online Tests
Each unit ends with an online test comprising a set of 10 - 15 multiple choice questions. Only after having successfully completed an online test you will gain access to the next unit.
Reading Material
A PDF script is for most of our courses the main studying material. This reading material provides basic concepts and principles applicable to the subject of each unit.
Assignments
The key to successful learning is the immediate use of newly acquired knowledge and the transfer of theory into practice. Our online courses are therefore supplemented by mandatory assignments.
Discussion Forum
A course discussion forum enables the interaction between participants and trainers and facilitates the exchange of experiences as well as possibilities to ask questions or get clarifications.
Suggestions and Recommendations
This course gives you the flexibility to decide on the timing and pace of your learning experience. However, we will provide you with recommendations on how you can get as much value as possible from this course.
Your schedule: We will provide you with a course schedule including voluntary and mandatory deadlines. The course schedule serves as a guideline for your personal learning journey and will help you complete the programme within the available timeframe.
Exercises: Even though the exercises in the script are not mandatory we strongly advise that you use them as an opportunity to check your knowledge and to prepare for the final exam.
Networking Opportunities: Use the forum to introduce yourself to your peer participants and to start interesting discussions.
Final Exam
Passing a final examination is a requirement for obtaining your certificate.
If you do not wish to take the final exam, you will receive a confirmation of course participation after completing the course.
Joachim is Frankfurt School’s most senior international advisor and a recognized expert in Treasury and Risk Management for banking and microfinance. He serves as lead consultant and trainer at the Frankfurt School Competence Center in Risk Management and regularly manages complex implementation assignments in Eastern Europe, Asia and Africa. More...
All our courses contribute to the following SDGs
This course will enhance your knowledge in the following SDGs. The SWA offers professional and executive courses dedicated to the advancement of the UN Sustainable Development Goals (SDGs).
Master of Leadership in Sustainable Finance
The Certified Expert in Risk Management is an Elective Module of the Master of Leadership in Sustainable Finance. Join our Master programme after completing the CERM course and waive one elective module. Also, the amount you paid for the course will be deducted from the final tuition fee of the Master programme.
Inclusive Finance Summer Academy
Expand your skills and knowledge in risk management with the Frankfurt School Summer Academy. This one-week, on-campus programme allows participants to choose from a selection of specialised technical tracks.
Read more about our Risk Management & Debt Recovery Track here.
Diploma in Financial Inclusion
The Certified Expert in Risk Management is part of the curriculum of our Diploma in Financial Inclusion. Enroll to our Diploma after completing the CERM course and waive one module. Also, the amount you paid for the course will be deducted from the final tuition fee of the Diploma.
